BlackRock Taxable Municipal Bond Trust (NYSE:BBN) to Issue $0.09 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0929 per share by the investment management company on Friday, January 31st. This represents a $1.11 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date is Wednesday, January 15th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend payment by an average of 5.1% per year over the last three years.

BlackRock Taxable Municipal Bond Trust Price Performance

Shares of BBN stock opened at $16.18 on Friday. BlackRock Taxable Municipal Bond Trust has a 12-month low of $15.39 and a 12-month high of $18.42. The stock has a 50 day simple moving average of $16.52 and a 200-day simple moving average of $16.95.

BlackRock Taxable Municipal Bond Trust Company Profile

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BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.

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Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

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